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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Hilton Fort Worth named to Historic Hotels

The Hilton Fort Worth is one of 24 hotels named a member of the Historic Hotels of America, the Washington, D.C.-based group announced on Nov. 18.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Exxon CEO's compensation rises 3 percent to $28.1M

IRVING, Texas (AP) — The CEO of Exxon Mobil Corp. received compensation worth $28.1 million last year, a 3 percent increase over the previous year, according to an Associated Press analysis of a company regulatory filing.

Most of Rex W. Tillerson's compensation was in the form of stock awards, which the largest U.S. oil company valued at $21.3 million when they were granted.

His overall compensation for 2013 was up from $27.2 million in 2012, under The AP's calculation.

The AP analysis of Tillerson's compensation considered salary, bonus, perks and the estimated value of stock and option grants that the company reported Friday to the U.S. Securities and Exchange Commission. The calculation excluded changes in the present value of Tillerson's pension benefits.

Tillerson, 62, received a salary of $2.7 million, a 6 percent increase from a year ago, plus a cash bonus of nearly $3.7 million, which was down 20 percent because Exxon's earnings fell compared with 2012, the company said.

The value of Tillerson's stock awards increased $1.6 million, or 8 percent, from 2012, because of a rise in the company's share price. He received other compensation valued at $496,704. The biggest items in that miscellaneous category were $190,190 in matching contributions to a retirement plan and $177,140 for personal security.

Exxon earned $32.6 billion last year, a decrease of 27 percent from 2012, which was the company's second-best year ever, helped by high and rising oil prices. Exxon Mobil shares, however, rose 17 percent in a strong stock market during 2013. Through Thursday's close, they were down 4 percent in 2014.

Exxon produces oil around the world and is also the biggest producer of natural gas in the United States since it bought XTO Energy in 2010, a deal that hasn't lived up to expectations because of low gas prices. Tillerson, who also serves as chairman, has led the Irving-based company since 2006.
 

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Midterms
What was the message of the midterm elections?